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FOX News
Jan 30, 2010 11:00pm EST
quote americans back to work? and ben bernanke get the green light for another four years at the fed, but what did he fr promise harry reid in return?wi all that and trying terrorists in court in new york city. >> people are out of work.le eyey are hurting. they need our help.lp i want a jobs bill on my desk
FOX News
Jan 28, 2010 4:00pm EST
states senate where it looks, i stress looks, like ben bernanke is going to get in but regardless, it willbe the closest vote for a fed chairman appointment in history. the day the chairman of the federal reserve, after a lot of wheeling an dealing and meeting with top leaders in the senate, managed to hang onto his job. the first hurdle was procedural. you needed 60 votes in the senate in this arcane system of theirs just to proceed with an up or down vote on reappointing mr. bernanke. they cleared that, now they're in the middle of a up or down vote. all you need is a simple majority to assure a second term. not that long ago this was looking like a done deal and probably a sure deal. but then there was massachusetts and then there was this whole talk that maybe, maybe, this populous rage would take with it the man who heads the most powerful central bank on earth. then the issue of ben bernanke dating back to the last president in the fall of 2008. rescues that those who advocated for them at the time said were necessary but critics then and since have said we're close to broke
CSPAN
Jan 24, 2010 10:00am EST
: you came out today to say that she will oppose ben bernanke for re-confirmation that the federal reserve. democrats are signaling that they have the votes. do you think that is the case? guest: i think that is a fluid thing. i know there are some democrats who have announced they are opposed to the nomination. the vote in the banking committee was a divided vote. people are digesting what they have been told by the voters in massachusetts and how that taps into the national mood in their own prospects in 2010. i think what the voters have told us this week is that the truck -- they do not want the same old thing. they want a fresh start. there of people will listen. i think the federal reserve under ben bernanke, while he has done a lot to mitigate some of the crises we have had, i grant them that, they contributed to the crisis by the easy credit and the housing bubble that has helped precipitate this recession. they have not been transparent in terms of how they are spending taxpayer dollars, through tarp. with all due respect to ben bernanke, the public will want to see a fres
CNBC
Jan 25, 2010 2:00pm EST
about ben bernanke's potential nomination. it is 1:00 p.m. in dallas where at&t ceo randall stevenson is pondering therapy, tackling what life would be like without steve jobs if steve divorces randall, is at&t a sell? it is 11:00 in seattle where right now homeowners are making payments on mortgages that significantly exceed the value of their homes. there a double standard hurting american homeowners. companies stop paying bad loans and renegotiating them. we'll tackle that. welcome to the show. "street signs." it's a monday. thank you for spending an hour with us. we want to get straight to the trading floors and find out whether you should feel calm and good about the rally or not. bob pisani at big board. david lutz on the stifel nicolaus trading floor. >> reporter: you should feel calm but not complacent. three points i would make. stocks have rebounded today but it's an oversold bounce about the volume isn't as strong as it was thursday and friday, when stocks were moving to the downside. yes, we're stabilizing, but there's still a lot of wariness, un certain uncertainty. two,
CSPAN
Jan 28, 2010 12:00pm EST
, federal reserve system, ben s. bernanke of new jersey to be chairman of the board of governors for a term of four years. the presiding officer: the senator from south dakota. mr. johnson: madam president, i rise in support of the reconfirmation of chairman ben bernanke to serve another term as chairman of the federal reserve board of governors. as the administration and song continue to look for ways to restore our nation's financial stability for economic recovery and work on the legislation to ensure that another economic crisis like the one we faced last year never happens again, we need chairman bernanke's steady leadership. while there has certainly been criticism of the federal reserve for not doing enough to protect consumers and for unprecedented actions it took during the financial crisis, there is also consensus that mr. bernanke kept the nation out of a depression and has kept inflation in check. as our nation recovers and faces additional challenges in the months ahead, there is no doubt that having one of the world's foremost experts on the great dpletion at the helm of the f
CNBC
Jan 22, 2010 11:00am EST
on the floor of the new york stock exchange where a lot of people are talking about ben bernanke, i would bet. >> a lot of traders support bernanke and don't think it would be good for the markets short-term. volume notably different, notably lighter than yesterday, even the intraday movement is not as strong as it was yesterday and 2 to 1, and the big problem continues to be financial stocks. goldman down 8% in the last two days and another 2% to 4%. capital one had a beat on their earnings and much of that was due to releases of reserves related to credit cards. traders weren't overall very impressed with that. american express had their numbers out. a lot of people passing around meredith whitney's comment overnight on the bank situation. she said the possibility of this going distance meaning president obama's banking proposal yesterday is high she made several comments and saysmo mor consumer credit, two-thirds of the mortgage and credit card products in this country are controlled by just four banks. disentangling that would create problems down the road. meantime, the problem is how ha
MSNBC
Jan 25, 2010 6:00pm EST
officials who want to put former bush funny man ben bernanke in the unemployment land. he'll explain what the next move should be. plus, i want the president to look -- take a good look at them during the state of the union speech and explain to them how all of the decision was about campaign finance reform. i think congressman allen grayson will continue with us. stay with us. you're watching "the ed show" on msnbc. [ male announcer ] before you ever love it, the nissan altima goes through over 5,000 tests. no wonder it's ranked highest in initial quality by j.d. power and associates. it's quality you can love. lease an altima for $189 a month or get $1,500 cash back. offers end february 1st. ♪ offers end february 1st. if you choose a sauce based only on the label, you might be missing something. with prego, it's all about the sauce. in a blind taste test, more people preferred prego over bertolli. the sweet and savory taste of prego. it's in there. my congestion is so bad right now i really am looking forward to getting relief. i've never used afrin before. relief! oh, it's like night
CNBC
Jan 28, 2010 3:00pm EST
on a key vote on fed chairman ben bernanke's future set to happen later this hour. we are showing you a live picture of the debate that's happening in washington. right now we're keeping a tal leave the votes. last we saw 51 yes, 23 nos. that's according to reuters who is keeping tabs and we've got steve liesman coming up as well. >> meanwhile, maria bartiromo is in davos, switzerland, for the world economic forum. she'll be talking to some of the most influential economic minds in the world including blackstone chairman and ceo, steve schwarzman but first let's take a look at where the major indices are trading and it has been another poor day today. apart from yesterday, of course typically in this last hour, we have seen selling come in right in this final 60 minutes of trade. for the most the dow jones industrial average is down. at the nasdaq we've there a bad day for technology today on qualcomm, on motorola, disappointment on apple and i just want to talk about the levels on the s&p. importantly today we broke obvious support at 1085. we based that -- that was the base that we
MSNBC
Jan 28, 2010 6:00pm EST
, but of course, there is big news today. you voted for ben bernanke, this is somewhat of a controversial issue. why should he lead up the fed again? what's happen? >> i believe he should lead the fed, even though he made serious mistakes leading up to the crisis. in the crisis, he prevented a global financial collapse by taking unprecedented action to provide liquidity to the markets. absent that ago, absent the action by this administration and this congress, i believe we would have been in full-scale rout. we would have had unemployment over 15% and increasing. >> senator, is this aç victory for the white house? because there were a number of democrats who were are really struggling with this and then the white house came out full force supporting ben bernanke. is this maybe what we could call a bipartisan victory on the part of the president and the white house? what do you think? >> yeah, i think it is a very strong vote today and it was a fully bipartisan vote. >> all right. $30 billion, this is what the president wants to do to take the repaid t.a.r.p. money and put to small business.
CSPAN
Jan 17, 2010 12:00pm EST
by federal reserve chairman ben bernanke following the 2008 economic collapse. he discusses his book with alice rivlin, first director of the congressional budget office and current senior fellow at the brookings institution. >> host: hello. i'm alice rivlin and it's my pleasure to be talking to david wessel about his book, "in fed we trust." ben bernanke's war on the great panic. which actually has a second subtitle as i read it. not every book has two subtitles, david. how the federal reserve became the fourth bank branch of government. it's a fascinating book. >> guest: thank you. >> host: and i think i should make that clear. at the outset. you take the reader step-by-step through the crisis of the last couple of years from the eyes of the chairman of the federal reserve, ben bernanke. so the book lets you see what dan and his colleagues weresed,d why they did what they did, the internal tensions and uncertainties, and how they were learning along the way. you're a very good translator of fed speech by the way. and i've been known to speak fed speak, though i always tried not to.
CNBC
Jan 25, 2010 7:00pm EST
>>> tonight on "the kudlow report," is fed he had ben bernanke promising ultraeasy money, quid pro quo with senate democrats in order to save his reconfirmation? that's a really bad idea and i believe we need a change at the fed. we have john taylor, senator james bunting, senator tom coburn and peter navarro will all weigh in. >>> and president obama is still scrambling to answer senator scott brown. today a bunch of phony, middle class tax credits. sounds like more class warfare. how about a special white house commission for rich people? and entrepreneurs? whoops, wrong white house. fasten your seatbelts. everyone. the kudlow report begins right now. >>> good evening. i'm larry kudlow. welcome back to "the kudlow report" where we believe free market capitalism is the best path to prosperity. let's start with the money politics message tonight. what exactly did ben bernanke promise senate democratic leader harry reid? that's a huge question. was theren ultraeasy money quid pro quo in return for reid's vote? well, in a desperate search for votes is bernanke going around the hill m
CNN
Jan 24, 2010 12:00pm EST
, 72 hours, a number of democrats have come out against the confirmation of ben bernanke. the federal reserve chairman and came over from the bush administration and president obama thinks he has done a good job and give him another job. is that bed wetting? >> well, i think there's obvious concern about what we just talked about. a great deal of concern about public relative to the financial sector. but understand that chairman bernanke offered very strong and steady leadership during this crisis without which we also may have slipped into the abyss and we're still in a fragile state here even though the economy is growing. >> what is the president's understanding? >> we need his leadership. >> the president is very confident that the chairman will be confirmed. >> what is his message to democrats who are saying in the wake of massachusetts and the wake of this rising economic anxiety, i can't do it. >> first of all, he has hadn't that many of those conversations. the readings he's getting from his conversations is that chairman bernanke will be confirmed. so, but he would say to the
ABC
Jan 28, 2010 6:00pm EST
is that -- this is not the first time. last august, 18 house members websites were defaced. >>> ben bernanke will get a second term. he has been under scrutiny from democrats and republicans for his role in the financial bailout. the senate voted 70 to 30 to confirm ben bernanke for four more years. >>> we are on storm watch tonight as snow had towards our area. where is it going to hit and how much are we going to see? >> it is getting colder, much colder airs coming in. let's go to storm scan and show you the storms that exists over taxes right now. -- over texas right now. over the next 48 hours, it will make the move to the east. it will go off the coast. we will get the northern edge of the storm. all of the blue shaded counties, winter storm watches for saturday -- we will be on the northern fringes. maybe an inch or two of snow expected in the metro area. more to the south, as much as 5 inches in fredericksburg. maybe up to a foot of snow and richmond. a big storm, but not for us. >>> metro has approved a 10 cent fare hike on buses and trains. they are moving to close a $40 million budget deficit. metro is
CNBC
Jan 28, 2010 2:00pm EST
. still a triple-digit loss. ben bernanke expected to be confirmed. we're awaiting that vote momentarily. earnings better than ex. the market does not overall seem to celebrate it or care. bob pisani at the big board. mary thompson back at earning central. bob, what do traders are want to hear to have the market go up? >> it sounds like we have a problem with bob's mike. we're going to mary instead. mary, first of all, set us up with the overall earnings appear to be better than expected, right? >> it's true, erin, they have been better than expected. even as the reporting season marks the first time in ten quarters that s&p 500 members are going to report profit growth, the same can't be said for the index that tracks their stocks. take a look at this chart. keep in mind, i think we have the chart here, since the s&p 500, actually, since alcoa kicked off earnings season back -- there we go -- january 11th the s&p 500 is down over 5.3%. keep in mind, there's an old saying, that goes, earnings drive the market. this earnings season the markets -- earnings are competing with concerns that
CNBC
Jan 22, 2010 7:00pm EST
declared he supports ben bernanke's confirmation that could help the fed chairman. a vote will be scheduled for late next week and is expected to be close. the uncertainty got new momentum today when two democratic senators including barbara boxer and russ feingold declared their opposition. cnbc contacting all 100 senators and as responses from more than half of the senate. here are the totals, 23 saying yes, 12 saying no, undecided, 17. and here's the split by party. you can see republicans are just about evenly divided, democrats very much undecided or yes. and independents, as you know, bernie sanders are saying no, liberman saying yes. cnbc is betting that don kohn will take over until a permanent replacement can be decided by the senate. 51 votes to be confirmed. every democratic loss needs a republican gain for bernanke to overcome that filibuster. and larry, by our count, 22% of senators will vote no on bernanke, but if a senator is up for reelection,Ñi that rises to 36%. if you think this ain't political, you've got another thing coming -- >> of course it's political. it's the peo
CNBC
Jan 26, 2010 7:00pm EST
which is being run by ben bernanke. senator demint who has seen documents and e-mails will join us to discuss. hi, may i help you? we're shopping for car insurance, and our friends said we should start here. good friends -- we compare our progressive direct rates, apples to apples, against other top companies, to help you get the best price. how do you do that? with a touch of this button. can i try that? [ chuckles ] wow! good luck getting your remote back. it's all right -- i love this channel. shopping less and saving more. now, that's progressive. call or click today. >>> bit of breaking news in front of our interview with senator jim demint. we are told senator harry reid's office is putting out that the ben bernanke vote for reconfirmation as fed chairman will come thursday. they will be able to somehow beat the deadline of january 31st. we will hear from john harwood in a few moments. let's go to senator jim demint. this is the story that will not die. the question is did the new york fed cover up the bailout of aig and its trading partners? what's the role of ben bernanke?
CNBC
Jan 25, 2010 4:00pm EST
points or so. perhaps it's certainly some feeling today that the reconfirmation of ben bernanke is more in order now, and that has given the market a bit of relief. materials higher today. the banks snapping back. all set up for apple's earnings coming up within minutes. full coverage on the "closing bell" and that begins right after the bell. [ closing bell ringing ] >>> it is 4:00 p.m. on wall street. do you know where your money is? welcome to the "closing bell." i'm melissa francis in today for maria bartiromo and here's what we're following at the close. the market's rebounding as investors hunt for bargains, following three consecutive days of triple-digits losses, but we are off the highs of the day right now. but the housing market keeps slumping. existing home sales following falling a 17% last month and alternate median sales price did increase for the first time year-over-year since august 2007 and earnings from three big companies are eminent right now. apple, texas instruments and amgen just moment away from reporting quarterly results. here's a look at how we finished the
CSPAN
Jan 9, 2010 10:00pm EST
chairman ben bernanke following the 2008 economic collapse. he discusses his book with allyson rivn current senior fellow at the brookings institution. >> host: hello. i am alice rivlin, and it is my pleasure to be talking to david wessel about his book, "in fed we trust" been bernanke's war of the great panic which actually has a second subtitled, not every book has to subtitles, david. how the federal reserve became the fourth bank of the branch of government. it's a fascinating book. >> guest: thank you. >> host: i loved it, and i think i should make that clear. at the outset, you take the readers step by step through the crisis of the last couple of years from the eyes of the chairman of the federal reserve bin bernanke, so the book lets you see what m.a.d.d. and his colleagues weret they missed, why they did what they did not, the internal tension and uncertainty of how they were learning along the way. you are a very good translator of federal speak by the way, and i have been known to speak did speak although i always try not to but the last couple of years for a wild ride at the fed
CSPAN
Jan 28, 2010 11:00pm EST
. >> nomination federal reserve system ben bernanke to be chairman of the board of governors of the federal reserve system for a term of four years. >> the senator from south dakota. >> madam president, i raise and support of the reconfirmation as chairman ben bernanke to serve another term as chairman of the federal reserve board of governors. as the administration and congress continue to look for ways to restore our nations financial stability, from what academic recovery and work on legislation to ensure that another economic crisis like the one we saw last year never happens again, we need chairman bernanke's leadership. while there has certainly been criticism about the federal reserve for not doing enough to protect consumers and for unprecedented actions that took during that financial crisis. there is also consensus that mr. bernanke kept the nation out of the depression and has kept inflation in check. as the recession recovers and the challenges in the months ahead, there is no thought that one of the world's foremost experts of the great depression is a benefit to our nation. bu
FOX News
Jan 24, 2010 2:00pm EST
back. >> thanks for having me. >> start with the effort to get ben bernanke a second term as chairman of the federal reserve. do you have the 60 votes needed for confirm mission. >> you saw the statement from judd greg, republican, a chris dodd working to get in a bipartisan fashion to ensure statement stability in the financial system by approval ben bernanke for a second term. we believe he will be confirmed. i hope that you'll ask senator cornyn and others in later segments to come out and support some of that stability in our financial system by ensuring the renomination of the fed chairman. >> you talk about stability. the dow jones lost 400 points. what does the president think the repercussions will be on wall street or markets around the world? zing the best way to not have to deal with any of those repercussions is to support ben bernanke for a second term. no doubt there's anger and frustration. we saw it in massachusetts, about the direction of our economy, about what's happened with excessive risk taking with big banks and americans lending hard-earned money to bail them o
CNBC
Jan 25, 2010 9:00am EST
term as fed chief. in our inaugural street poll we're asking you if ben bernanke is good for money. vote at "squawk on the street".cnbc.com. and let's go to cnbc's senior economics reporter steve liesman for more on the upcoming senate vote. seemed to be what mr. mcconnell said to david gregory this weekend was pretty important. >> yeah, i think that was an outgrowth of something that happened behind the scenes, erin, which was a full-court press by the white house helping the prospects for fed chairman ben bernanke. but the vote is far from assured. the president, chief of staff, rahm emanuel, top economic adviser larry summers, treasury sectary timothy geithner all making calls this weekend to top senators urging them to declare support for the embattled fed chairman. about half the senate has declared with a third supporting the chairman, 32/16 is our number. he needs 60 votes to get by the filibuster and he'll take some from even those who oppose it like barbara boucher might vote in favor of ending the filibuster. here is the party breakdown. nobody really enjoying the initial
CSPAN
Jan 10, 2010 9:00pm EST
to be talking to david wessle and his book and said we trust ben bernanke is war on the great panic which has the subtitle, not every book has to subtitles, david. how the federal reserve became the fourth bank branch of government. it's a fascinating book. >> guest: thank you. >> host: how i loved it and i think i should make that clear at the outset. you take the reader step-by-step through the crisis of the last couple of years from the eyes of the chairman of the federal reserve, bin bernanke. so, of the book lets you see what in mac and his colleagues were thinking, what they messed, why they did what they did, the internal tensions and uncertainties and how they were learning along the way. he wore a very good translator of federal speak by the way, and i've been known to speak fed speak jul try not to. [laughter] the last couple of years were a wild ride at the fed and it's not necessarily over yet. i was watching closely during this period but i learned a lot from this book. there are other books about the crisis, quite a few of them there's mostly on particular episodes like lehman b
CNN
Jan 24, 2010 11:00pm EST
the confirmation of ben bernanke. he's the federal reserve chairman. he came over from the bush administration. but president obama thinks he's done a good job and wants to give him another term. all these jitters, all this suddenaxelrod-s that bed weting? >> well, i think there's obvious concern about what we just talked about. there's a great deal of concern about public consternation relative to the financial sector. consternation, by the way, that we share. but understand that chairman bernanke offered very strong and steady leadership during this crisis, without which we also may have slipped into the abyss. and we're still in a fragile state here even though the economy is growing and -- >> so what's the president's message -- >> and we need his leadership. and the president is very confident that the chairman will be confirmed. >> what's his message to democrats who are saying in the wake of massachusetts, in the wake of this rising economic anxiety i can't do it? >> first of all, he hasn't had that many conversations. the readings he's getting from his conversations are that chairman b
ABC
Jan 28, 2010 4:30am EST
. >>> when we come back on this thursday, it's an important day for fed chairman, ben bernanke. that and the rest of the business news straight ahead. that and the rest of the business news straight ahead. >>> and there's no more myst fewer calories. i love light & fit. >>> ben bernanke will soon know if theel get four more years at the federal reserve. the senate is voting on his second term today. he now appears to have enough support. however, that was in doubt late last week. a number of senators said they would not back him. blaming him for missing signs that led to the financial crisis. but supporters say he helped avoid a deeper crisis. >>> bernanke cast his vote for keeping interest rates at historic lows. and the fed pledged to keep those rates at the low levels for an extended period of time. the federal reserve also upgraded its assessment of the economic recovery. >>> the fed's upbeat outlook is lifting overseas stock markets this morning. tokyo's nikkei average's jumped 1.5% today. hong kong's hang seng's is higher. wall street turned around after the fed's announc
MSNBC
Jan 28, 2010 3:00pm EST
is expected to happen any minute. you see senator dodd on whether federal reserve chairman ben bernanke will get a second term. a passionate discussion happening. all indications are that bernanke will be the fed chair although he's been a lightning rod for criticism over the financial crisis. a number of senators both democrats and republicans have been calling for change with the fed but it appears he's going to get a confirmation here for a second term. however, this cloud is expected to whoever over ben bernanke's head whether he's looking out for main street or wall street. we're keeping an eye on the vote and will bring you the count as soon as they take that vote at the senate, david. >> tamron, still to come this hour, one day after the state of the union, president obama is hitting the road today. he's taking his message to students over in tampa. we'll break down the state of the union next and talk about how he did. >> plus elizabeth and john edwards announce they are going their separate ways but what is john edwards now saying about the split? >>> and toyota's troubles are
CNBC
Jan 22, 2010 2:00pm EST
there in elyria, what's happening with ben bernanke. steve liesman's done a lot of report on this. john harwood, our colleague, also has. i'm looking down because i want to pull up his e-mail. john is reporting republican staffers are telling him that ben bernanke's vote to continue here to stay as fed chief has bipartisan support, that it will pass barely but it's dicey. we've been hearing about no votes and question marks. so, steve liesman, do you think that we're going to get ben bernanke through? let's start with that and then the reaction to jim. >> i would never contradict john harwood but my reporting that is it's very close and whether or not the 60 votes that he has to overcome the filibuster is unclear. the democratic leadership told me today they were counting support and that, by the way, is a change because before they were very, very up front about the idea they had the support this was going to pass beginning this morning and i guess yesterday, four democratic senators declared against. when you see the number, i'll tell you how to do the math, every democratic senator, every de
CNBC
Jan 26, 2010 6:00am EST
, the central bank convening for a two-day mean. meantime, ben bernanke is still waiting on word about his confirmation. "squawk box" begins right now. >>> good morning. welcome to "squawk box" on cnbc. i'm joe kernen. becky and carl are off for the day. i just talked to becky. she's in davos in switzerland. carl is sotu'ing. for those of you that don't know, that's state of the unioning. also, pretty in pink today, gary ko minski is joining us today. steve, when you become an actual -- not someone commenting on markets, but involved in the markets, you get these things things. >> i noticed you don't have them. >> no, i don't. >> anyway, we'll be watching shares of apple today, the tech giant that in the past i have called a gadgetmaker. i was so stupid and so uninformed. unbelievab unbelievable. did you see the rise in earnings? 50% -- >> all i had to do was go to best buy and the place is empty except for the place where they're buying the apples. steve jobs, we were having a joke yesterday, the guy who saved christmas or stole christmas. >> from somebody else. >> from efbls, yeah. >> do
FOX
Jan 26, 2010 4:30am EST
's not all. we have the state of the union, plus earnings from microsoft and apple. >> ben bernanke's nomination for a second term still up in the air. secretary of state tim geithner testifies this week. >> will ben bernanke have a second term as head of the fed? two more senators said they would vote against him. the senate needs 60 votes to confirm bernanke. his current termspires on january 31st. the senate majority leader is unclear if bernanke can pass the test in the full senate, which if the senate votes before january 31, donald cohen could assume the top position. >> let's check in with ben liechtenstein. do you think the bear sentiment in stocks will continue this week? >> unfortunately i do. once we approached the level of 1126, we opened the doors for the slide. that's what we saw friday afternoon, the high envelope selloff. getting the market below 1100, and the market selling off with high activity coming into the closing bell there, right now there's a major level of support down at 1080 in the s&p's. the traders are looking to find strength and gain confidence possi
MSNBC
Jan 25, 2010 4:00pm EST
in this country. ben bernanke and the custodian of every penny in america, the king of the back door bailout and secrets, tim geithner. does bernanke deserve a second term? and why is geithner the master of the back door bailout? jumping to bernanke's defense. >>> plus, we know the taliban are part of the problem in afghanistan. but could they also be part of the solution? how disaffected militants could be the key to any success of a u.s. strategy in that country. >>> plus -- >> the world. sets it apart from all the rest. >> a movie trailer for a wedding. and some other stories we found while we were supposed to be working. we're back after this. more wings ! no way he'll be in first thing tomorrow. only alka-seltzer relieves your upset stomach, heartburn, indigestion and headache... so you're good to go in the morning. you're late. alka-seltzer brings you back. it can go from a scratchy throat in the morning. to a cough. to a full body ache... at night. new tylenol cold rapid release gels day and night work fast too. they release medicine fast to relieve painful coughs, congestion and sore
FOX
Jan 28, 2010 4:30am EST
.s. senate has just a few more days to vote on federal reserve chairman ben bernanke's nomination for a second term. bob chirinko is here with his in sight. welcome to the show, bob. >> thank you. >> how do you think the state of the union address could take shape? >> i believe he'll talk about concerns facing the electorate. government is too large, bank bonuses are too large. >> is mr. obama losing credibility with the american people? >> i think very much so. there's a great deal of concern from different quarters about government spending. we're all concerned about unemployment, and certainly a sub set of people are concerned about bank bonuses, but not necessarily everybody. >> what do investors want to hear from the president? >> all of those things that insure that inflation is kept low, government spending will be kept down, and that ben bernanke will get reconfirmed. >> all this uncertainty about whether the fed chairman will be nominated for a second term at federal reserve chairman, this uncertainty speaks volumes about the fed's decline, doesn't it? >> it's one interpr
CNBC
Jan 22, 2010 4:00pm EST
. greenspan said, ben bernanke's far and away the best person to lead the fed going forward. he should be reconfirmed as soon as possible. now, why do you think suddenly we are seeing the upset and concern and negativity from both sides, republicans and democrats, on bernanke right now? >> it's unbelievable to me. you know he's done a magnificent job over these past two years and he ought to be reconfirmed by acclimation. and our politicians, instead of leading, instead of showing any courage, seem to be trying to outdo each other and becoming populous and following populist rhetoric and the rhetoric really doesn't have any principles behind it. it's just say, no, to everything. i'm very disappointed in our political leaders. >> al, let me ask you this, democratic senator russ feingold, is really joining the course of critics here today. and he says that the fed permitted, "irresponsible financial activities to the financial crisis." senator barbara boxer, also, saying "our next fed chairman must represent a clean break from the failed policies of the past." do you agree with any of th
FOX
Jan 24, 2010 9:00am EST
, welcome back. >> thank you for having me, chris. >> chris: let's start with the effort to get ben bernanke a second term as chairman of the federal reserve. do you now have the 60 votes you need for confirmation? >> i think you saw the statement from judd greg the republican and chris dodd the democrat working together in bipartisan fashion to ensure stability in the financial system by approving ben bernanke for a second term. we believe he will be confirmed. i hope that you'll ask senator cornyn and others in later segments to come out and support some of that stability in our financial system by ensuring the renomination of the fed chairman. >> chris: you talk about stability, the dow jones lost 400 points this week. what does the president think the repercussions would be on wall street and markets around the world if bernanke is not reconfirmed? >> chris, i think the best way to not have to deal with any of those repercussions is to support ben bernanke for a second term. there's no doubt there is anger and frustration in this country. we saw it manifest itself in massachuset massachu
CSPAN
Jan 4, 2010 10:00am EST
, gary, your thoughts on ben bernanke and regulation on the part of the fed? caller: thank you very much, i really appreciate you taking my call. i had to use every gray sell that i had to try to understand ben bernanke last night. i was listening to him on the radio talking about that regulation. i agree with him. i still got a headache. it just packed my brain. i really had a hard time. it is complicated and complex. another thing that i have to say that i think is important, our uso shows in iraq and afghanistan, i was watching them last year. they were making vulgar, juvenile jokes about the middle eastern women in their culture. host: but shows are you referring to? caller: the uso shows we were putting on. i was watching the pentagon channel. host: is that where you can see them? ok. caller: i was really appalled. i was raised overseas. i went to uso shows. we used to have officials and local nationals, an indigenous personnel from that country. just to hear the jokes that those comedians were making, if i was a base commander i would have had the mp's drag those people off stage.
FOX News
Jan 24, 2010 4:00pm EST
gibbs predicts he will have 60 votes to be confirmed to a second four-year term. ben bernanke has been praised for preventing the recession from turning into a depression, he is also seen as not seeing the housing bubble coming. gibbs defend had bernanke but a key senator who did vote for the bailout says it's time for a change. >> we believe he will be confirmed. i hope that he'll ask senator cornyn and others in later segments to come out and support some of that stability and financial system by reensuring the fed chairman. >> i think we need a fresh start. i think it would be the best thing for the administration and the countries. >> reporter: also today in the wake of the upset in the massachusetts senate race, president's top advisors used the shows to preview the union address. word from the white house expect a populist message to focus on jobs and putting people back to work. he will defend his first year in office. from his perspective, remind american voters about the economic mess his administration inherited. mr. obama will come out swinging on his agenda. we'll hear chee
CSPAN
Jan 4, 2010 7:00am EST
and granddaughters in the marine corps. host: marion, illinois. you are next. ben bernanke urges prevention of crisis. we will show you some of his comments from sunday when he spoke at an annual meeting for the academic economics annual meeting association. open-" policy -- "policy was at best for home prices. for one thing, there were many home price bubbles in many parts of the world. new zealand and sweden had tighter monetary policy, yet their home prices rose a more." marion, illinois. good morning. republican line. welcome. caller: good morning. i wanted to comment on the people instead of the politicians this morning. the fighting that we do between the democrats and republicans are whether the system works off of our attitude. the country has got a bad attitude. we can change that. we can change the direction we are going just by get along and quitting our fighting, cussing, and arguing, like them -- like politicians do. any comment on that? hosed though i do not have any comment, but thank you for yours -- host: i do not have any comment, but thank you for yours. eureka, california. good mo
FOX News
Jan 28, 2010 3:00pm EST
. >> thank you. >> we're waiting for the vote. when it comes in on ben bernanke, we'll let you hear it. the conventional wisdom is the votes are there for him to be reconfirmed. >>> reports of two americans possiblydy contained in north korea. we're yeting word the taliban and united nations representatives held secret talks. that's ahead. ya know, i'm really glad we finally decided to see where raisin bran crunch is made. yeah, this trip is way overdue. i just can't wait to see all those crunchy flakes in action. i hope i get a chance to put two scoops!™ of raisins in some boxes. you know what will really get us in the spirit? ♪ 99 boxes of raisin bran crunch ♪ ♪ if you're nice to me i'll share some with you ♪ ♪ you take one down ( and pass it around ) ♪ ♪ 98 boxes of raisin bran crunch ♪ three tasty ingredients, one great combination. ♪ raisin bran crunch! from kellogg! breaking today word of what is described as a move to a possible truce in afghanistan. united nation officials reports taliban leader have met secretly with the united nations representative in the
PBS
Jan 14, 2010 7:00pm EST
subpoena the current federal reserve chairman ben bernanke, past chairman alan greenspan and past chair of the securities and exchanges commission christopher cox, when. >> let me first start by saying we asked people to come voluntarily as witnesses and so far we have had cooperation. we'll use subpoenas when we need evidence or need witnesses who refuse to appear or for documents we can't get. and what i indicated today is that we fully expect that folks like alan greenspan, ben bernanke, christopher cox will be coming before us. and i will say that chairman bernanke who has appeared before us privately has already said he will appear before us. and we'll be doing this over the course of the next several months. we're going to have many hearings from now until labor day, a full and exhaustive inquirery. i believe we will in the end sper view hundreds of individuals both in public hearings and under sworn private system. >> surely some of those marque names like bernanke, greenspan and others, you mentioned chairman bernanke already, has chairman greenspan responded to an invitation. >
CNN
Jan 31, 2010 1:00pm EST
ben bernanke, the chairman of the u.s. federal reserve bank in his job for another four years. it was a strange controversy that mercifully ended the right way. let's remember again one year ago the financial system was on the brink of collapse. credit had frozen, no one not companies, not individuals could get loans. and that was playing havoc with the global economy. it was not easy to figure out how to stop the downward spiral in confidence. ben bernanke did that using imagination, energy, and courage. he made some huge moves into the economy, most of them worked. so much so that we are now in a situation that banks have been stabilized and are making money. martin wolfe, the financial times' economic columnist points out it is typical after a crisis to have banks recover faster than the economy as a whole. so, of course, while they should lend more and be careful about compensation, let's not forget it is fundamentally a good sign for the economy that we have healthy banks and credit back and running. and by the way, this financial rebound is proving good for the fed, as w
CNN
Jan 31, 2010 5:00pm EST
segment. what caught my attention this week was the senate vote to keep ben bernanke the chairman of the u.s. federal reserve bank in his job for another four years. it was a strange controversy that mercifully ended the right way. one year ago the the financial system was on the brink of collapse, credit had frozen, no one, not companies, not individuals, could get loans. that was playing havoc with the global economy. it was not easy to figure out how to stop the downward spiral in confidence. ben bernanke did that using imagination, energy, and courage he made huge moves into the economy, most of them worked, so much so that we're in a situation that banks have been stabilized and are making lots of money. martin wolf, the financial teams' economic columnist points out it's typical after a crisis to have banks recover faster than the economy as a whole. of course, while she should lend more and be careful about compensation, let's not forget it is fundamentally a good sign for the economy that we have healthy banks and credit back and running. by the way, this financial rebound is provi
FOX News
Jan 30, 2010 2:00pm EST
: president obama retools his agenda putting just front and center and ben bernanke gets the green light for another four years at the fed, but what did he promise harry reid in return? all that and the growing political backlash over trying terrorists in civilian courts, especially in new york city? >> people are out of work. they're hurting. they need our help. i want a jobs bill on my desk without delay. >> paul: welcome to the journal, editorial report. i'm paul gigot. that was president obama in his state of the union address wednesday night promising to make jobs his number one priority in the coming year, but will the policies he's proposing really put americans back to work? joining ut panel this week, wall street journal columnist and deputy editor, daniel ettinger, mary o'grady and james free map and economics reporter steve moore. so, steve, president down playing a little bit health care and cap and trade on the agenda from a year ago, pressing jobs. you must be happy. what do you think of his jobs agenda? >> well, look, i thought we were going to see an obama 2.0 in this st
PBS
Jan 28, 2010 7:19pm EST
>> susie: as we said, ben bernanke will be running the fed for the next four years. but he might not have free reign this time around. some members of congress want to audit the fed's activities. our commentator tonight thinks that's a bad idea. he ought to know. he's alan blinder, former vice chair of the fed and professor of economics at princeton. >> do you ever get the feeling that this country is over- lawyered? well, here's another example. ron paul, the libertarian congressman who wants to abolish the federal reserve, has long promoted a first step in that direction. the so-called paul bill would subject the fed's monetary policy decisions to g.a.o. audits. like most economists, i find the idea, well, appalling. but i breathed a sigh of relief when a modified version was appended to the house's financial reform bill late last year. the paul-grayson amendment added what i thought was an important clause. let me read it to you: "nothing in this subsection shall be construed as interference in or dictation of monetary policy to the federal reserve system by the congress or th
FOX News
Jan 22, 2010 6:00pm EST
by. fed chairman ben bernanke. but much of washington is bailing on the country's top banker. a senate vote is coming down to the wire to determine whether he keeps his job. president obama hits the campaign trail. trying to sell a new jobs initiative and limit his mounting political losses. a prominent democrat puts another nail in the coffin of healthcare reform legislation suggesting a time-out. a year after the president promised to shut it down by today, why is the guantanamo prison still open? all that, plus the fax all-stars and the friday lightning round, right here, right now. ♪ ♪ welcome to washington. i'm bret baier. while president obama talked jobs in ohio, one job in particular is apparently very much in question tonight. the one held by federal reserve chairman ben bernanke. the ticking clock may be winding down on bernanke's days at the helm and there is a very fluid situation right now in congress. fox business network correspondent peter barnes has a developing story that, peter, really could affect the markets. >> and our pocketbooks, bret. we have been
CNBC
Jan 4, 2010 11:00am EST
, over to you. >> hello, i'm larry kudlow. ben bernanke says it is lack of regulation. not low interest rates that caused the financial crisis. we will discuss whether he's right or whatever. >>> i'm melissa francis. what can we expect from m&a activity coming up in 2010? this is "the call" on cnbc. stocks beginning the new year on the new decade on a positive note. pushed higher by rising commodities, oil, gold and copper as the dollar weakens today. in addition positive economic data also pushing stocks higher. we are going to have more on that in a few minutes. ism highest level more than three years. chinese manufacturing as well. grew by the most at about five years. take a look at the s&p is trading so far this morning. up about 16 points. almost 1.5%. pretty good move. dow right now is charging higher. led by intel and chevron. up 150 points. 1.4%. nasdaq right now is up 1 opinion 75%. almost 40 points. take a look at oil as well. one of the things that is driving the markets higher. up above 80 bucks a barrel. 81.20. gold charging higher as well. 26.5 bucks. a live report from t
CNBC
Jan 28, 2010 4:00pm EST
have the vote against man -- >> it's confirmed, ben bernanke has been reconfirmed as the head of the central bank. we've reached the 51 critical votes needed to happen. >> simon. >> is that the reuters, michelle? >> that's being told in my ear. >> reporter: that's a good source usually a good source. >> postscript to your point owhat happens in football stadium, football. what happens in the u.s. capitol, politics. >> all right, so there it is. the moment has happened. we've been waiting for it. it is t startedalt 3:20 with a cloture vote, a procedural vote there as the closing bell happens. >> reporter: what's that? hang on! >> make a point here. senator corker who wanted this vote to happen. there is the closing bell so that we could see what the market reaction would be and the fact is that the market didn't react all that much. we're still down about 114 points on the dow and, simon upointed out that the s&p 500 sitting at what is a key technical level broke at 1084. see if that changes when we get the final settlement on the trades. any thoughts here on this historic mome
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